News Articles for Owen Hegarty

Copper producer joins the ASX

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A mining company with a major copper-zinc asset in Western Australia has listed on the ASX after raising $528 million.

Gull NZ, Golden Grove deals cap off 2016

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The last 10 days of 2016 were a busy period for WA corporate deals, with the Rae family attracting a bumper price for its Gull New Zealand business, Chinese group MMG selling the Golden Grove mine, Diploma Group going into receivership and seven new listings on the ASX.

Forrest takes shot on ore grades

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Fortescue Metals Group chair Andrew Forrest has taken a shot at his iron ore mining competitors for mining “the easy stuff” and not working to bring subeconomic ores up to a mineable level, speaking at the company's annual general meeting today.

Potash plays take punt on product

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ANALYSIS: WA potash hopefuls may have the backing of some high-profile local mining entrepreneurs, but startup costs and a worldwide product glut are major barriers.

Hood leaves Minderoo

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Minderoo Group chief investment officer Aaron Hood has resigned from the company to take up a new position at a Melbourne-based private equity firm.

Forrest hints at diversification – later

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Andrew Forrest has reiterated his support for Fortescue Metals Group diversifying its operations into other commodities, but said there were no immediate plans to pursue nickel, or oil and gas over its core iron ore business.

Highfield, Venturex to boost capital

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Junior explorers Highfield Resources and Venturex Resources have braved an uncertain market, announcing plans to raise up to $16.4 million collectively.

Burston, Hegarty join FMG board

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Fortescue Metals Group Ltd has appointed former Cape Lambert Iron Ore Ltd chairman Ian Burston and former Oxiana chief executive Owen Hegarty to its board.